Success in Private Practice Success in Private Practice Marvin Berman, M.D. Truesdale Clinic Fall River, MA

Professional PersonalFinancial Elements of Success

Professional Success Patient Care Patient Care Consultative Consultative Endoscopic Endoscopic Peer Peer

Personal Success Balance between Work and Home Balance between Work and Home

Generation of Income Patients Work Charges Reimbursement Salary

Patients Hospital Physician Office PatientPhysicianSelf Source of Patient Referrals

Patients In pt procedures In pt consults In pt f/u Out pt consults Out pt f/u Direct Endoscopic Referrals

Generation of Receipts WorkCharges Charge Entry Electronic Clearing House Demographics CPT ICD9 Insurance Insurance Co. $$

Billing Card

Revenues and Expenses Professional Receipts Professional Receipts Expenses Expenses Net Income Net Income Automotive Expenses Employee Benefits Retirement Staff Payroll Professional Payroll Malpractice Insurance Rent Office Expense

Key to Office Success Every Office Needs an Anne Medeiros as Office Manager

Key to Practice Success